Anglo-Australian mining group Rio Tinto announced Monday that its bid to buy Canada's Alcan for 38.1 billion US dollars has been approved by US antitrust authorities.
A leading Brazilian meat industry group Marfrig acquired an abattoir in Tierra del Fuego belonging to a group of cattle farmers from Magallanes Region, reports La Prensa Austral from Punta Arenas. The operation involved 8.5 million US dollars.
Foreign ministers and envoys from 33 Latin America and East Asian countries on Wednesday opened in Brasilia two days of talks here to boost fledgling trade ties and build links between the far-flung regions.
Workers of the Botnia pulp mill in Uruguay voted Friday to continue the work stoppage begun Thursday, until next Monday alleging insufficient guarantees. This week several workers were intoxicated with sulphur sodium during trials at the plant, which is in the heart of an international controversy with Argentina.
Argentina successfully tested at the beginning of July the Tronador I (Thunderer) rocket, the first step of a project to join the space race having as a target a rocket capable of sending a satellite into orbit.
The cost of an average home in England is set to soar by 40% during the coming five years, to break through the £300,000 barrier by 2012, a report has warned.
Air traffic results for the first six months of the year expanded 6.3% in year-on-year international passenger demand, slightly higher than the 5.9% full-year rise recorded for the year 2006, according to the latest report from the International Air Transport Association, IATA
Chilean airline LAN has exceeded all expectations with a 158.9% rise in second-quarter net profits, as compared with the same period last year.
Paraguayan farmers are hoping to cash in on a low-calorie sweetener being made by the Coca-Cola Co from a native plant long prized by indigenous people in one of South America's poorest countries.
The Argentine Rural Society kicks off Thursday its 121st show at the grounds in Palermo, Buenos Aires City, at a time when the farming sector is undergoing a bonanza with high international commodity prices, but also a number of domestic issues that have caused numerous protests over the last year.